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Which of the following is true about process costing? Unit costs are computed by job on the job cost sheet The department production report is the key document showing the accumulation and disposition of costs by a department. Costs are accumulated by individual job, regardless of the accounting period during which the work is done. All units of product are different. Clover Sweet Company uses the weighted average method in its process costing system Information for the month of February concerning Department A, the first stage of the company's production process, follows: Materials $7,000 $45,000 Conversion costs $5,000 $37,000 Work in process, beginning Current added during January Equivalent units of production Cost per equivalent unit 105,000 100,000 $0.58 $0.5 95,000 units Units completed and transferred to the next department Work in process, ending 15,000 units Materials are added at the beginning of the process. The ending work in process is 60% complete with respect to conversion costs. What cost would be recorded for the ending work-in-process inventory? $13,500 $13,200 O $14,300 $12,300 $ 7. The equivalent units of production (weighted average method) for a department are: The number of units transferred to the next department The number of units transferred to the next department (or to finished goods) plus the equivalent units in the department's ending work in process inventory. The equivalent units in the department's ending work in process inventory. Equivalent units to complete beginning work in process inventory plus units started and completed during the period plus equivalent units in ending work in process inventory